ReVision Energy has begun construction in Maine on the first of 13 projects that were acquired by Summit Ridge Energy (SRE). The community solar portfolio will total 44 MW and operate under the Maine Net Energy Billing program.
“We’re proud to partner with Maine’s largest solar contractor and look forward to delivering thousands of local residents and businesses with monthly utility savings generated entirely from clean, renewable power,” said Garren Bisschoff, SRE’s VP of Business Development.
SRE will finance the projects while Revision handles development, subscription and construction of the portfolio. To date, school districts, municipalities, hospitals, and local businesses have subscribed to ReVision projects.
“We are grateful for this opportunity to partner with one of the nation’s leading owner-operators of solar assets,” said Sam Lavallee, CFO of ReVision Energy. “This 44-MW portfolio of solar farms will drive local economic growth, create good-paying jobs, significantly reduce Maine’s carbon footprint and strengthen our energy independence,”
The solar projects are expected to reach commercial operation between 2022 and 2023.
News item from Summit Ridge Energy